Search results

1 – 3 of 3
Article
Publication date: 4 September 2019

Sa'd Shannak and Malak Alnory

Solar as an energy source has a massive potential to reduce dependence on fossil fuels in Gulf Countries (GC). One attractive application of solar energy is solar-powered…

Abstract

Purpose

Solar as an energy source has a massive potential to reduce dependence on fossil fuels in Gulf Countries (GC). One attractive application of solar energy is solar-powered desalination, which is a viable method to produce fresh water. The most significant factor determining the potential deployment of this application is economics.

Design/methodology/approach

In this study, the classical economic analysis model has been modified to assess the penetration of solar technology to power desalination plants at different periods during the project lifetime. Furthermore, the environmental and financial values were combined to assess the incentive of powering desalination plants with solar energy in Saudi Arabia. Three systems of solar technologies accompanied with water desalination based on technical applicability were modeled and economically analyzed to understand the impact of various design and operation parameters.

Findings

This study shows that PV-RO is currently more competitive at both market and administrated prices in Saudi Arabia, followed by the MED-CSP system and finally CSP-RO system. CSP-RO system starts to generate positive surplus after 11 years, while the base case shows no positive surplus at all during the entire lifetime. Moreover, the same trend continues to hold with MED-CSP and PV-RO systems. The MED-CSP generates positive surplus after six years and PV-RO after five years only. On average, it takes eight years for a project running based on solar (CAPEX and OPEX) and desalination OPEX to generate positive cash surplus.

Originality/value

This paper discusses the debate about incentives for renewable energy in GC and the impact of coupling water production and solar generation. Given that there is no analytical framework built earlier, this paper provides an alternative methodology for policy analysis to understand the role of economies of scope to incentivize solar generation. In other words, the authors are investigating options to reduce the total cost of solar production as a result of increasing the number of different goods produced.

Details

Journal of Science and Technology Policy Management, vol. 11 no. 3
Type: Research Article
ISSN: 2053-4620

Keywords

Article
Publication date: 6 January 2021

Sa’d Shannak and Artem Malov

This paper aims to discuss opportunities for pairing the carbon dioxide (CO2) points of supply from stationary sources such as power plants, steel and cement production, coal to…

Abstract

Purpose

This paper aims to discuss opportunities for pairing the carbon dioxide (CO2) points of supply from stationary sources such as power plants, steel and cement production, coal to liquid plants and refineries, with potential oil reservoirs in China.

Design/methodology/approach

This study builds a linear optimization model to analyze the tradeoffs in developing CO2-enhance oil recovery (EOR) projects in China for a range of policy options to match points of supply with the points of demand (oil fields). The model works on optimizing CO2 application costs by meeting four principal components; CO2 storage, CO2 capture, transport costs and additional oil recovery.

Findings

This study reveals new opportunities and economic sources to feed CO2-EOR applications and offers reasonable options to supply CO2 for potential points of demand. Furthermore, power plants and coal to liquid industries had the most significant and economic contributions to potential CO2-EOR projects in China. Total annual emission reduction is expected to be 10% (based on 10 Gton annual emissions). The emission reductions and potential CO2 storage from the different industries as follow; 94% from power plants, 4% from biofuel and 2% from coal to liquid plants.

Social implications

Carbon capture and storage (CCS) is one practice aiming to reduce the amounts of anthropogenic emissions of carbon dioxide emitted into the atmosphere and reduce the related social costs. However, given the relatively high cost associated with this practice, coupling it with EOR could offer a significant financial incentive to facilitate the development of CCS projects and meet climate change objectives.

Originality/value

The model used in this study can be straightforwardly adapted to any geographic location where industry and policymakers are looking to simultaneously reduce CO2 emissions while increasing hydrocarbon recovery. The model is highly adaptable to local values in the parameters considered and to include additional local considerations such as geographic variation in capture costs, taxes and premiums to be placed on CO2 capture in so-called “non-attainment zones” where pollution capture make could make a project politically and economically viable. Regardless of how and where this model is applied, it is apparent that CO2 from industrial sources has substantial potential value as a coproduct that offsets its sequestration costs using existing, commercially available CO2-EOR technology, once sources and sinks are optimally paired.

Details

Journal of Science and Technology Policy Management, vol. 12 no. 1
Type: Research Article
ISSN: 2053-4620

Keywords

Content available
Article
Publication date: 4 September 2020

Anna Visvizi, Miltiadis Lytras and Ernesto Damiani

304

Abstract

Details

Journal of Science and Technology Policy Management, vol. 11 no. 3
Type: Research Article
ISSN: 2053-4620

1 – 3 of 3